Fiscal subject related
The original decision, before the amendment, provided that from October 1st, 2022, businesses that do not transmit receipt data from cash registers to the relevant platform will face fines and even "lockouts".
In the case of transactions subject to VAT, a fine is equal to 50% of the VAT indicated on each item not transmitted. This fine cannot be lower, cumulatively per tax audit, than 250 euros if the entity is obliged to observe a simple accounting system or 500 euros if the entity is obliged to observe a double accounting system.
In the case of transactions that are not subject to VAT, a fine of EUR 500 per tax inspection if the taxpayer is liable to maintain a simplified accounting system and EUR 1,000 per tax inspection if the taxpayer is liable to maintain a double-entry accounting system. In the case of each subsequent infringement of the same kind found in the context of a subsequent inspection within five years of the adoption of the original act, a fine equal to twice the amount of the fine provided for shall be imposed.
Other news from Greece
Introduction of the Eispraxis control system in Greece by the end of November
Until the end of November, the automatic debt collection system will be "running" in the collection centers of Attica and Thessaloniki. With Eispraxis, the "hunting" of government debtors goes to another level as it allows the monitoring of the profile of each debtor in real time by pulling all the data on income and assets from a multitude of government information systems. In the electronic file... Read more
In Greece, a new deadline for transmitting the data from their cash registers to AADE has been established.
When do businesses receive notices, and when are fines imposed without notice by AADE? Businesses that have not transmitted the data from their cash registers to AADE for the period up to November 30, 2022, will have a 10-day deadline, even after receiving a notification. However, the violation of not transmitting the data by 1.12.2022 will attract a fine for businesses without prior notification... Read more
New document was uploaded: OSS and E-commerce glossary
The purpose of this document is to provide a better understanding of the main words and phrases that are used when referring to the EU legislation relating to the One Stop Shop (hereinafter: “OSS”) as part of the EU VAT e-commerce package. Read more
Greece has announced the new dates for actions regarding the interconnection of electronic tax mechanisms and EFT POS
This changes the timing of the mandatory interconnection of cash registers with payment card acceptance machines, EFT POS terminals from January 1, 2023, which would apply universally in the territory to all businesses that use cash and tax machines to issue retail receipts. Because there is not enough time to complete the systems adaptation procedures by the end of 2022, the mandatory intercon... Read more
Additional penalties for non-transmission of retail receipts were introduced in Greece
By adding a new Article 54H to the Code of Tax Procedures, penalties are introduced to be applicable as of October 31st, 2022 in the case of non-transmission of retail receipt data that must be transmitted to the myDATA digital platform through the Electronic Tax Mechanisms Information System of AADE. According to the added text as a part of the mentioned regulation, the measure of suspension of b... Read more
Will the usage of the interconnection of devices recording card payments be mandatory in Greece for broader business sectors?
AADE aims to make the use of the interconnection of devices recording card payments mandatory for broader business sectors. The use of card terminals (EFT POS) and cash registers extends to all economic activity, as all sectors that are currently exempted from the mandatory use of POS machines and cash registers will issue receipts and accept cards for all transactions. Specifically, the goal i... Read more
In Greece, a new method of tax checking has emerged.
Did you know that tax checks in Greece are coming with tablets using the new digital weapon of AADE? More details are as follows. Another digital application was presented in the past few days by the Independent Authority for Public Revenue (AADE), after the recent activation of the control mechanism app "appodixi". The new tool will be called "Elenxislive" and will allow those responsible to car... Read more